Arctic Star Exploration Corp. (CVE:ADD – Get Free Report)’s share price dropped 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 535,257 shares changed hands during trading, an increase of 190% from the average daily volume of 184,877 shares. The stock had previously closed at C$0.03.
Arctic Star Exploration Price Performance
The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The stock has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The company has a market cap of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.
About Arctic Star Exploration
Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company’s flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field.
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